Mortgage loan

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.
Mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan).

Mortgage borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property (for example, their own business premises, residential property let to tenants or an investment portfolio). The lender will typically be a financial institution, such as a bank, credit union or building society, depending on the country concerned, and the loan arrangements can be made either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. The lender's rights over the secured property take priority over the borrower's other creditors which means that if the borrower becomes bankrupt or insolvent, the other creditors will only be repaid the debts owed to them from a sale of the secured property if the mortgage lender is repaid in full first.

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Marines

Marines, also known as a marine corps and naval infantry, are an infantry force that specializes in the support of naval and army operations on land and at sea, as well as the execution of their own operations. In the majority of countries, the marine force is part of the navy, but it can also be under the army like the Troupes de marine (French Marines) and Givati Brigade (Israeli Marines), or form an independent armed service branch like the United States Marine Corps and Royal Marines.

Historically, tasks undertaken by marines have included providing protection from war while at sea, reflecting the pressed nature of the ships' company and the risk of mutiny. Other tasks would include boarding of vessels during combat or capture of prize ships and providing manpower for raiding ashore in support of the naval objectives.

With the industrialization of warfare in the 20th century the scale of landing operations increased; this brought with it an increased likelihood of opposition and a need for co-ordination of various military elements. Marine forces evolved to specialize in the skills and capabilities required for amphibious warfare.

Mortgage loan

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.
Mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan).

Mortgage borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property (for example, their own business premises, residential property let to tenants or an investment portfolio). The lender will typically be a financial institution, such as a bank, credit union or building society, depending on the country concerned, and the loan arrangements can be made either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. The lender's rights over the secured property take priority over the borrower's other creditors which means that if the borrower becomes bankrupt or insolvent, the other creditors will only be repaid the debts owed to them from a sale of the secured property if the mortgage lender is repaid in full first.

The net cash proceeds from this sale, and from the recent sale of MarinerSquare, after payment of related mortgages and transaction expenses, is approximately $50 million. BMO Capital MarketsReal EstateInc. acted as advisor to PartnersREIT on the transaction ... The Board expects to send to unitholders shortly the materials for this meeting ... 401 ... 401 ... ....

LEAD ... He rented an upstairs apartment at 312 W ... in late July ... They are also focused on the small-town cohesiveness, with once-a-month benefit events, and with Tom’s prior service in the Marines, honoring veterans ... We might pay the mortgage and the bills, but this is a place for family, friends and the community to come,” Swanson said ... Main St ... .......

They will be buying the house at an affordable mortgage but more importantly, Norce is going to be out here with other homeowners helping to build her house.” ... Muston said that his father was a Marine and often had to be away from home. His parents had to take a second mortgage on their house....

Written by Sarah Biddlecombe. Sarah Biddlecombe is an award-winning journalist and Digital Features Editor at Stylist ... “It is very low cost to run”. life in an eco-house ... I took out a short five year marinemortgage to supplement my savings and will be on track to have my house in the countryside in a few years too, without having to pay two mortgages....

While campaigning for office Smullen, a retired marine colonel, is simultaneously battling a charge in Niskayuna of felony filing a false instrument ... He said he participated in ROTC in college and then joined the Marines ... Smullen is also a pension recipient from the federal government from his career in the Marines....

The former Marine had just left the residence of his former girlfriend, with whom he had lived for more than eight years ... They have a competitive scholarship to area high schools, and they also help provide other types of financial assistance for Marines — mortgage, rent utilities — “whatever we can” to help them survive, House said....